[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.04.24 16:18
• [Fuzhou Port Luoyuan Bay berth project approved]
• On April 20, 2026, the construction of berths 7-10 in the Bi Li operation area of Luoyuan Bay in Fuzhou Port was approved by the Provincial Development and Reform Commission, with a total investment of 1.823 billion yuan. The project is constructed by Fujian Luochuan Port Co., Ltd., which is controlled by Fuzhou Port Group. It will build two 50000 ton general berths with a designed annual throughput capacity of 8.61 million tons. The dock structure is reserved for the 70000 ton class and can accommodate multiple ship types for combined berthing. Editor/Cheng Liting

• 2026.04.24 16:17
• [Ningbo Zhoushan Port completes ship to ship bonded green methanol refueling]
• On April 22, 2026, the first "ship to ship" bonded green methanol refueling in the province landed in Meishan Port Area of Zhoushan Port in Ningbo. The refueling ship "Daqing 268" injected green methanol into the "COSCO Shipping Libra" ship. In the context of global shipping emissions reduction, customs, maritime, border inspection and other departments collaborate efficiently to ensure operational safety through institutional innovation and remote supervision. Editor/Cheng Liting